Compensation
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Why I Love Compensation
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In all of the HR practice areas, in my opinion, compensation is the cornerstone of the HR function. Not only does it carry through the HR organization, but it also carries through the HR technology framework. When I talk about compensation, most of what I’m thinking about is job design (job analysis, job evaluation, whatever…).…
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Attraction and Retention vs. Cost Containment
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Deloitte and ISCEBS (International Society of Certified Employee Benefit Specialists) recently pushed out their annual list of top 5 total rewards priorities for 2006Deloitte, 2006. “Top Five Total Rewards Priorities for 2006.” Retrieved from http://www.iscebs.org on January 31, 2006.. The group of individuals surveyed was ISCEBS members and Deloitte clients. Remember that the results are…
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Times have changed (salaries)
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When I got out of college, not only were starting average salaries much lower, but it was just a bad time to be looking for a job. The fact that new accounting graduates can expect to get almost $44,000 is encouraging. Cost of living has risen so dramatically that compesnation practices have lagged in the…
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Total Comp Statement Implementations
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Regina had this to say about total compensation statements (TCS) and branding. I absolutely agree. However, I wanted to write about some of the technical considerations around TCS as well. We all know that implementation for any system is never as simple as it should be. Ideally TCS should be composed of ALL the elements…